Calling all Keystone Custom Homes’ Pennsylvania Realtors! Want to help the economy? Want to save your clients money? Want to do both at the same time?
Well you can, but not for long, so try to lock your clients in now. While lending was partly to blame for the economy’s present financial troubles, ironically, borrowing money may help relieve the country out of its downward spiral. At least that was what the Federal Reserve’s thinking was when they pledged to keep low interest rates through 2014.
Usually when clients hear “interest rates” they run for the door, but they don’t have to right now. Experts agree money probably will not get any cheaper to borrow than at the present. According to Bankrate’s weekly survey of interest rates, at press time, average rates for 30-year fixed-rate mortgages were around 4 percent or higher.
If your client buys from us now, they may be eligible for a 3.875 percent interest rate for a 30-year fixed rate mortgage.* Because interest rates are in the buyer’s favor, now is the time to buy and build. Explain to your clients that interest rates are at the lowest they have ever been. So, if they want to buy a home, now is the time to do it. As a realtor, you are aware that these rates tend to fluctuate, so make this clear to your client.
For a list of our quick move-in homes, visit here.
*Seller will not guarantee the interest rate; the above rate is for example only as of 9/1/2013. The rate could be lower; if the baseline rate on a given day is below 4.25%, you will receive the buy down and that would result in a rate below 3.875%. The rate could be higher; if the baseline rate on a given day is above 4.25%, you would receive a rate that 2% of the mortgage amount buys down.